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Ansett raises interim div.

Ansett Transport Industries, Ltd. has raised its interim dividend from 3.5 c a share to 1c a share, after the unaudited group net. trading profit rose .">l.O per cent to sAust6.sm in the six months to December 27. fic.i.in ii".uiino ri • vimi i;o . rsi t p m jx'Ji rrwi with tho nit>.

Group trading revenue; rose 18.8 per cent to $189.4in. A loss of $lO,OOO was made on the disposal of assets, compared with a profit of $6OOO previously. In addition a >ealised loss of $120,000 ($248,000 previously) was made on foreign exchange for term loans, while unrealised losses amounted to sl.Bm (s3.9in previously). ' The rate of passenger growth in the aviation division rose a marginal 5.7 per cent, which was at a slower

irate compared with the previous corresponding period. Air cargo fell 6.2 per cen to 27.4 m tonne-kilometres. An interim dividend E payable on May 12, ex dividend March 31.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19760320.2.136.6

Bibliographic details

Press, Volume CXVI, Issue 34107, 20 March 1976, Page 18

Word Count
157

Ansett raises interim div. Press, Volume CXVI, Issue 34107, 20 March 1976, Page 18

Ansett raises interim div. Press, Volume CXVI, Issue 34107, 20 March 1976, Page 18

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